Offers for opening a new bank account

Nguyen Trong Hieu, deputy head of the Institute of Business Studies and Development, said though the fund could not lend to more than 5 percent of the total number of SMEs in the country, it is still a major step in supporting startups, which are struggling to access bank credit. … [Read more...] about Banks out of loop, government fund to lend directly to startups

The Kerry IMS Chemical Cangzhou logistics centre was developed to strengthen Kerry Logistics Network's service capability in the chemical sector and an important base in Northern China, consolidating the Company's combined resources in logistics, export industries, an international-standard operating platform and transportation facilities. Located in the proximity of the Tianjin Nangang Industrial Zone, the logistics centre has a total area of 320,000 sq ft, comprising Class A warehouse, Class B warehouse, as well as office facilities, and has the capacity to handle 400,000 tonnes of Class A and Class B chemicals per year. The logistics centre was designed and built above Chinese national standards and is equipped with smart monitoring and management systems. At present, it is handling mainly industrial raw materials, mostly packaged in Intermediate Bulk Container (IBC), drum and pail. The warehouse will store 38 types of dangerous goods, including flammable liquids and solids, … [Read more...] about Kerry Logistics Network Opens Chemical Logistics Centre in Cangzhou China To Capture Market Potential in Chemical Logistics

The student from Thanh Hoa province has quickly adapted to the new circumstances at the new school. Hieu said he is happy as he now can study medicine, a discipline that can help many people. HIeu told reporters that there have bern changes in his life as a university student. He has to live in an unfamiliar environment with no parents and has to be more independent. … [Read more...] about The student who carried friend to school offers a lesson in kindness

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,136 VND per USD on January 15, up 4 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,829 VND/USD and the floor rate, 22,442 VND/USD. The opening hour rates at some commercial banks slightly fluctuated. At 8:25 am, Vietcombank listed the buying rate at 23,950 VND/USD and the selling rate at 23,160 VND/USD, both unchanged from January 14. BIDV listed the buying rate at 22,980 VND/USD, up 10 VND, and the selling rate at 23,160 VND/USD, down 10 VND. Meanwhile, Vietinbank added 5 VND to both rates, at 22,923 VND/USD (buying) and 23,166 VND/USD (selling)./.  … [Read more...] about Reference exchange rate up 4 VND on January 15

State-owned banks recorded mixed results. Of Vietnam’s three biggest lenders by assets, CTG of VietinBank added 0.9 percent, BID of BIDV kept its opening price and VCB of Vietcombank shed 0.7 percent. MBB of mid-sized Military Bank climbed 1.3 percent. … [Read more...] about VN-Index sees biggest foreign net sell in eight months